WUTI.L vs. NEE

Last updated Jun 5, 2026

WUTI.L (SPDR MSCI World Utilits UCITS ETF) is Utilities Equities fund tracking the MSCI World/Utilities NR USD, while NEE (NextEra Energy, Inc.) is a stock. Over the past 10 years, WUTI.L returned 8.54%/yr vs 13.69%/yr for NEE. At a 0.48 correlation, their price movements are largely independent.

Performance

WUTI.L vs. NEE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR MSCI World Utilits UCITS ETF (WUTI.L) and NextEra Energy, Inc. (NEE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, WUTI.L achieves a 4.38% return, which is significantly lower than NEE's 7.45% return. Over the past 10 years, WUTI.L has underperformed NEE with an annualized return of 8.54%, while NEE has yielded a comparatively higher 13.69% annualized return.

WUTI.L

• 1D: -1.24%
• 1M: -5.68%
• YTD: 4.38%
• 6M: 3.86%
• 1Y: 14.75%
• 3Y*: 14.64%
• 5Y*: 8.80%
• 10Y*: 8.54%

NEE

• 1D: 1.30%
• 1M: -11.01%
• YTD: 7.45%
• 6M: 3.45%
• 1Y: 25.24%
• 3Y*: 8.09%
• 5Y*: 6.04%
• 10Y*: 13.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

WUTI.L vs. NEE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WUTI.L SPDR MSCI World Utilits UCITS ETF	4.38%	25.37%	13.26%	0.13%	-3.55%	10.54%	4.43%	22.22%	1.82%	13.96%
NEE NextEra Energy, Inc.	7.45%	15.47%	21.46%	-25.30%	-8.54%	23.39%	30.06%	42.69%	14.30%	34.39%

Correlation

The correlation between WUTI.L and NEE is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.48
Correlation (All Time) Calculated using the full available price history since May 5, 2016	0.48

The correlation between WUTI.L and NEE shifts across timeframes, from 0.36 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WUTI.L vs. NEE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

WUTI.L

WUTI.L Risk / Return Rank: 34
WUTI.L Sharpe Ratio Rank: 33
WUTI.L Sortino Ratio Rank: 31
WUTI.L Omega Ratio Rank: 30
WUTI.L Calmar Ratio Rank: 38
WUTI.L Martin Ratio Rank: 38

NEE

NEE Risk / Return Rank: 71
NEE Sharpe Ratio Rank: 74
NEE Sortino Ratio Rank: 68
NEE Omega Ratio Rank: 67
NEE Calmar Ratio Rank: 72
NEE Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

WUTI.L vs. NEE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR MSCI World Utilits UCITS ETF (WUTI.L) and NextEra Energy, Inc. (NEE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	WUTI.L	NEE	Difference
Sharpe ratio: Return per unit of total volatility	1.16	1.07	+0.09
Sortino ratio: Return per unit of downside risk	1.63	1.58	+0.04
Omega ratio: Gain probability vs. loss probability	1.20	1.21	-0.01
Calmar ratio: Return relative to maximum drawdown	1.86	1.75	+0.12
Martin ratio: Return relative to average drawdown	5.73	5.17	+0.55
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

WUTI.L vs. NEE - Sharpe Ratio Comparison

The current WUTI.L Sharpe Ratio is 1.16, which is comparable to the NEE Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of WUTI.L and NEE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	WUTI.L	NEE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.16	1.07	+0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.23	+0.36
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.54	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.62	-0.06

Drawdowns

WUTI.L vs. NEE - Drawdown Comparison

The maximum WUTI.L drawdown since its inception was -33.85%, smaller than the maximum NEE drawdown of -47.81%. Use the drawdown chart below to compare losses from any high point for WUTI.L and NEE.

Drawdown Indicators

	WUTI.L	NEE	Difference
Max Drawdown Largest peak-to-trough decline	-33.85%	-47.81%	+13.96%
Max Drawdown (1Y) Largest decline over 1 year	-7.89%	-14.53%	+6.64%
Max Drawdown (3Y) Largest decline over 3 years	-17.35%	-34.57%	+17.22%
Max Drawdown (5Y) Largest decline over 5 years	-21.86%	-44.97%	+23.11%
Max Drawdown (10Y) Largest decline over 10 years	-33.85%	-44.97%	+11.12%
Current Drawdown Current decline from peak	-7.69%	-12.46%	+4.77%
Average Drawdown Average peak-to-trough decline	-4.99%	-8.92%	+3.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.57%	4.89%	-2.32%

Volatility

WUTI.L vs. NEE - Volatility Comparison

The current volatility for SPDR MSCI World Utilits UCITS ETF (WUTI.L) is 4.19%, while NextEra Energy, Inc. (NEE) has a volatility of 8.41%. This indicates that WUTI.L experiences smaller price fluctuations and is considered to be less risky than NEE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	WUTI.L	NEE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	8.41%	-4.22%
Volatility (6M) Calculated over the trailing 6-month period	10.35%	17.08%	-6.73%
Volatility (1Y) Calculated over the trailing 1-year period	12.68%	23.81%	-11.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.10%	26.90%	-11.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.63%	25.48%	-9.85%

Dividends

WUTI.L vs. NEE - Dividend Comparison

WUTI.L has not paid dividends to shareholders, while NEE's dividend yield for the trailing twelve months is around 2.05%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NEE NextEra Energy, Inc.	2.05%	2.82%	2.87%	3.08%	2.03%	1.65%	1.81%	2.06%	2.55%	2.52%	2.91%	2.96%
WUTI.L SPDR MSCI World Utilits UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both WUTI.L and NEE in my portfolio?

WUTI.L and NEE have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.